We’re working with a consulting to bring Acumatica online at the mid point of a project. The current task at hand is to entry opening balances for the project. My original process was going to be to post a single journal entry at the cutover date for the balances per cost code. The consultant said this should be done as a “project management” transaction rather than as a GL entry. But, my testing shows that PM transactions don’t flow back to the general ledger. Consequently I have project reports that don’t agree to my financial reports.
Have I missed a step or has my consultant led me astray?
Also, what kind of entries do people originate as Project Transaction? The entire entry screen made my poor little accountant-heart feel uncomfortable. It seemed like entries didn’t need to balance and that they could hit mutiple periods.
Thanks in advance.
Best answer by Laura02
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